1 GHS to PAB - Convert Ghanaian Cedi to Panamanian Balboa

Looking at the 30-day window, the GHS/PAB pair traded in a range of 0.087300 to 0.091700. The monthly average was 0.089499 with 1.29% volatility. The relatively low volatility indicates stable trading conditions for the GHS/PAB currency pair.

The current mid-market exchange rate is 1 GHS = 0.088118 PAB, updated as of July 3, 2026, 8:37 PM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Ghanaian Cedi to Panamanian Balboa Exchange Rate

The GHS/PAB exchange rate tells you how many Panamanian Balboa (PAB) you receive for every Ghanaian Cedi (GHS). At the current mid-market rate of 1 GHS = 0.088118 PAB, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

What Affects the GHS to PAB Rate

Exchange rates between Ghanaian Cedi and Panamanian Balboa are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the GHS/PAB rate fluctuates throughout trading sessions and over longer time periods.

GHS/PAB for Travelers and Businesses

Whether you are traveling, sending money internationally, or managing business payments, the GHS to PAB rate directly affects your costs. Travelers should compare airport exchange counters, city center bureaux, and card-based options before converting. Businesses managing recurring cross-border payments benefit from setting up rate alerts and locking in favorable rates when they appear. The conversion table on this page helps you quickly reference common amounts.

Panamanian Balboa Overview

The Panamanian Balboa (PAB) is the official currency of Panama, pegged at par to the US Dollar. Panama Canal revenue, banking, and logistics drive the economy. The PAB exchange rate against GHS reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 GHS = 0.088118 PAB shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.

Reverse Rate: PAB to GHS

The reverse exchange rate is 1 PAB = 11.3484 GHS. This is useful if you are starting with Panamanian Balboa and want to know how much Ghanaian Cedi you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated PAB to GHS converter for the reverse direction.